The Latest Breaking News from BOJ

The dollar index (DXY00 ) today is up by +0.22%. Higher T-note yields today are supporting gains in the dollar. Also, weakness in the yen is giving the dollar a boost after the yen tumbled more than -1% today on dovish comments from BOJ Deputy Governor Uchida, who said the...

The S&P 500 Index ($SPX ) (SPY ) today is up +1.42%, the Dow Jones Industrials Index ($DOWI ) (DIA ) is up +0.77%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is up +1.78%. US stocks today are trading higher on positive carryover from a jump in Japanese...

September S&P 500 E-Mini futures (ESU24) are trending up +0.91% this morning, extending the rebound from Monday’s dramatic selloff, supported by remarks from a senior Bank of Japan official ruling out further rate hikes during periods of market instability, while investors awaited a new batch of earnings reports.

BoJ deputy governor plays down immediate prospects of further interest rate rises, sending stocks up in Tokyo, across Europe, and on Wall Street

The dollar index (DXY00 ) Tuesday finished up by +0.29% due to strength in T-note yields. Also, reduced expectations of aggressive Fed rate cuts boosted the dollar on positive carryover from Monday when Chicago Fed President Goolsbee said last month's job numbers "came in weaker than expected but are not...

The $6.4T meltdown in global equity markets in recent days is more reflective of a wind-down of yen carry trades used by investors to leverage their bets than a shift in the U.S. economic outlook. There's more to come as this trade continues to unwind, especially if you consider that…

The dollar index (DXY00 ) today is up by +0.26% on strength in T-note yields. Also, reduced expectations of aggressive Fed rate cuts are boosting the dollar on positive carryover from Monday when Chicago Fed President Goolsbee said last month's job numbers "came in weaker than expected but are not...

Japan's stock market faces challenges due to yen appreciation and BOJ's hawkish stance, leading to rate hikes and market turbulence.

Tokyo, which suffered a record loss Monday, led the gains, soaring more than 10 percent as traders bought beaten-down stocks caught up in a catastrophic day for markets.

Asian equities rallied Tuesday after the previous day's global rout fuelled by US recession fears that have led to calls for the Federal Reserve to cut interest rates before its next meeting.

The panic about a possible US recession is more about markets being caught short by an interest rate rise than it is about the real economy.